SFGTV: San Francisco Government Television
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Feb 7, 2013
02/13
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we'll probably get a draft version of what kind of deficit we're looking for next year? are you able to share any of that right now with the trends that we're seeing? >> through the chair to the committee, monique smuda from the controller's office. yes, we will have a report completed either by the end of this week or early next week on the six-month budget status, that will project both the revenue and the expenses. it's important to note that with the year-end close of fiscal year 12-13 there was increased revenue that was realized. and that increased revenue continues in the base budget in the current year. so the report will show excess revenue over the budgeted amount. however, as kate howard -- in the calculation that the mayor's office has developed for the deficit, that additional revenue was taken into account. so that is one of of the reasons that the targets for only 1.5%. we are also looking on the expenditure side. we have a few departments that have some savings. we have some departments that are over expending and the report will go into detail on those d
we'll probably get a draft version of what kind of deficit we're looking for next year? are you able to share any of that right now with the trends that we're seeing? >> through the chair to the committee, monique smuda from the controller's office. yes, we will have a report completed either by the end of this week or early next week on the six-month budget status, that will project both the revenue and the expenses. it's important to note that with the year-end close of fiscal year...
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Feb 7, 2013
02/13
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we'll get some showers, but anything to put a dent in our rainfall deficit i don't see coming from the system. we'll talk about any other chance was rainfall coming up. >>> checking bay area headlines, muni is blaming a stray bolt for a cable car accident that sent seven people to the hospital. it stopped the train abruptly. investigators are trying to particular out how the bolt got into the track. >>> workers at a uc berkeley office in emeryville are trying to figure out why a bomb threat was phoned in. it forced the evacuation of two buildings this morning. an intensive search turned up nothing. >>> investigators are looking for the source of a fatal fire in san leandro. the body of a man was found inside the burning home on neptune drive just before dawn. first responders performed cpr but could not revive him. >>> the dot com hiring boom is back. the growth is not just high-tech. the technology hiring is having a ripple effect fuelling a sunge in -- surge in construction too. and that means materials are needed and a workforce to supply them. >> reporter: from garden to paint to h
we'll get some showers, but anything to put a dent in our rainfall deficit i don't see coming from the system. we'll talk about any other chance was rainfall coming up. >>> checking bay area headlines, muni is blaming a stray bolt for a cable car accident that sent seven people to the hospital. it stopped the train abruptly. investigators are trying to particular out how the bolt got into the track. >>> workers at a uc berkeley office in emeryville are trying to figure out why...
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Feb 7, 2013
02/13
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FOXNEWSW
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everybody at a deficit. this will be the first big storm we have had in a very long time big zacket. two storms now. this is where all the moisture is out across the south. cold air is with this system across the northern plains. both of these storms are going to continue to move up here. they will get together. we call it phasing the streams insteps city once it gets over water. that will happen areas across the northern hazell of jersey. philadelphia and d.c. nor of an new england storm. blizzard watches for boston and proched. very strong went with this. areas of new england definitely getting a monster storm boston and portland inland two feet 32-degree line make a difference for new york. going to be over 1 to 3 inches. maybe 3 to 6 if it goes farther toward the south. shep? >> shepard: not too bad for us. heavy fog may be to blame for a gruesome scene this morning after a series of crashes involving some 27 cars and trucks. officials say it happened on interstate 16 west of savannah, georgia likely bec
everybody at a deficit. this will be the first big storm we have had in a very long time big zacket. two storms now. this is where all the moisture is out across the south. cold air is with this system across the northern plains. both of these storms are going to continue to move up here. they will get together. we call it phasing the streams insteps city once it gets over water. that will happen areas across the northern hazell of jersey. philadelphia and d.c. nor of an new england storm....
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Feb 7, 2013
02/13
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KPIX
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so we're going to get some showers but nothing heavy and not much of a dent in the rainfall deficit. showers around tomorrow, showers around on friday. then high pressure builds in again. it's going to hang out for a week once again but it's moving in from the west. that's where it will be all weekend long so our flow of air is coming from the north. afternoons will be chilly cold at night away from the water talking about lows near freezing. how much rainfall over the next couple of days? really not amounting to much. many of us less than .10". in the city less than a quarter in: some but not much. showers tomorrow morning on and off rainfall through lunchtime on friday. don't be surprised over the weekend if you get frost away from the water both saturday and sunday. highs in the mid-50s tomorrow. oakland 56. san jose 55. santa clara 55. with those rain showers, only 54 for pleasant hill and danville. 53 for petaluma and san francisco tomorrow showers likely on and off highs in the mid-50s. friday we'll keep the shower chance in. sunny and dry through the middle of next week with h
so we're going to get some showers but nothing heavy and not much of a dent in the rainfall deficit. showers around tomorrow, showers around on friday. then high pressure builds in again. it's going to hang out for a week once again but it's moving in from the west. that's where it will be all weekend long so our flow of air is coming from the north. afternoons will be chilly cold at night away from the water talking about lows near freezing. how much rainfall over the next couple of days?...
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Feb 7, 2013
02/13
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KPIX
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it's not going to be that soaking rainfall that will really put a dent in our rainfall deficit, because the front is keeping most of its energy to the north. that said, scattered showers tomorrow, and for the first half of friday. after that, we get locked into position once again. dry weather but also chilly weather. this likely will hang out for another week or so. so after two days with scattered showers, we're likely look at another seven to ten mainly dry days the. as for how much rainfall, really not that much. about an eighth of an inch of rainfall for most of us. perhaps about a quarter of an inch out toward pacifica. showers here tomorrow morning will be with us through about lunchtime. lows near freezing in our inland communities on saturday and sunday. mid 50's with those showers tomorrow. redwood city, 56. 55 for walnut creek. scattered showers. san ramon, 55. sunshine for the weekend. chilly, upper 50's and we will likely stay dry next week. two days of showers and then a whole truckload full of dry days. >> we need more of those showers. >> we're gonna need more days than
it's not going to be that soaking rainfall that will really put a dent in our rainfall deficit, because the front is keeping most of its energy to the north. that said, scattered showers tomorrow, and for the first half of friday. after that, we get locked into position once again. dry weather but also chilly weather. this likely will hang out for another week or so. so after two days with scattered showers, we're likely look at another seven to ten mainly dry days the. as for how much...
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Feb 7, 2013
02/13
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we don't need to do this now so i think we should -- we've done plenty of deficit reduction for right now. the newest cbo numbers show the deficit is going to come down dramatically in the next couple of years. let's get to another election. >> can you really say -- can you real say we've done deficit reduction when in fact the only thing that was cut was the projected it was -- laura. we still have $16.4 trillion in debt. that's -- >> yes, and i want to ask you, maria, what's the concern about that? can we pay off that debt? all of the world's bond markets and capital investors think we can. i think we can. i don't know why we want to fix it sate on that number right now. i want to fixate on fixing debt to gdp ratio. i said, there was more work to be done. we do not have to do it this year and we do not have to do it in this way. >> real quick, what are the olds of the deal? bob? >> ah, 30%. >> 30% odds of a deal. you agree with that, laura? >> you know, we might blow through the sequester deadline. i think once people look at the cuts that are required, they are going to back away,
we don't need to do this now so i think we should -- we've done plenty of deficit reduction for right now. the newest cbo numbers show the deficit is going to come down dramatically in the next couple of years. let's get to another election. >> can you really say -- can you real say we've done deficit reduction when in fact the only thing that was cut was the projected it was -- laura. we still have $16.4 trillion in debt. that's -- >> yes, and i want to ask you, maria, what's the...
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Feb 7, 2013
02/13
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us to invest in those things that we need to grow right now because that's also a deficit reduction agenda that's growing faster. and in order to have a balanced package that means that we've already done a lot of cuts. we've done some revenue now, and so the rest of the way moving forward we can do some additional reforms and make our health care programs work better and make them more efficient, and we can cut out programs that we don't need, but it also means that we've got to be able to close some tax loopholes and deductions that the average american cannot take advantage of, to raise the revenue, to actually do the job in a way that allows us to continue to grow. now, the reason this is relevant is because i gather and i haven't gotten this from first-hand sources, but from second hand sources in the press that our friends on the other side of the aisle, their position is we're concerned about the sequester. we recognize that just cutting the federal spending with the meat ax as opposed to scalpel is probably damaging and will damage our national security and will damage our e
us to invest in those things that we need to grow right now because that's also a deficit reduction agenda that's growing faster. and in order to have a balanced package that means that we've already done a lot of cuts. we've done some revenue now, and so the rest of the way moving forward we can do some additional reforms and make our health care programs work better and make them more efficient, and we can cut out programs that we don't need, but it also means that we've got to be able to...
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. >> a budget deficit for the post office, no more mail on saturday starting this summer. >> opinions may have an opinion about losing their saturday delivery service so do 80,000 postal carriers who fear losing their jobs, they think this is the beginning of the end and some members of congress are as outraged as well they say that the postmaster general cannot pull the plug on programs for saturdays, only congress can. the national association of letter carriers is fighting back and calling the postmaster general to step down, he told the nation today saturday postal delivery will be a thing of the past starting on august 5th. it is simply too big of a cost savings to ignore. today congressman danny davis a former postal worker himself reminds union members that lawmakers have until march 27th to intervene. if congress ultimately makes the decision, that is what the decision is but i don't think it should be made by the postmaster general, or the postal service with as meaningful as it is to the american people. >> mostly sadness out on the street disappointment and even surprise fr
. >> a budget deficit for the post office, no more mail on saturday starting this summer. >> opinions may have an opinion about losing their saturday delivery service so do 80,000 postal carriers who fear losing their jobs, they think this is the beginning of the end and some members of congress are as outraged as well they say that the postmaster general cannot pull the plug on programs for saturdays, only congress can. the national association of letter carriers is fighting back...
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. >> reporter: a $15 billion budget deficit has done what neither rain nor sleet nor snow could do. >> the choice is either change some of the service or raise prices. and people don't want prices raised. we'll make the changes in service. >> hello. >> how are you today? >> i'm great, thanks. >> reporter: lorenzo hudson has been making the rounds in great neck, new york, for more than 20 years. he was featured in a postal service tv commercial that ran during the super bowl pregame show. >> we don't want to see the business go under, because they couldn't get rid of saturday or because they didn't get rid of saturday, but at the same time, i, you know, i want the perfect world. i want us to be able to stay with saturday delivery. >> reporter: in recent years, the volume of first-class mail has plunged as more and more people pay bills online and communicate with e-mail. in response, post offices have been closed, the price of a stamp raised, but nothing has staunched the flow of red ink. ending saturday service could save about $2 billion a year. while it may make financial sense, few
. >> reporter: a $15 billion budget deficit has done what neither rain nor sleet nor snow could do. >> the choice is either change some of the service or raise prices. and people don't want prices raised. we'll make the changes in service. >> hello. >> how are you today? >> i'm great, thanks. >> reporter: lorenzo hudson has been making the rounds in great neck, new york, for more than 20 years. he was featured in a postal service tv commercial that ran during...
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Feb 7, 2013
02/13
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CNBC
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that's really what the problem is in terms of the deficit. we have this debt that's still exploding, part of the policy uncertainty. the more we can -- >> i think my point also is, wouldn't we be seeing more signs that whatever the fed has done, may have been working better had washington not shot us all in the foot? >> i think it's -- i think it's the whole policy package to the. the fed has been very interventionist if you like. they're trying to do a good job, i think it's not helping. but also we've had the stimulus packages, a whole wide range of things like this which has been a drag. >> we have to leave it there. thank you so much for joining us this morning. it's been a pleasure. >> a lot of fun. >> thank you. >> come back. >> next time you'll have kernen -- he won't give you a hard time. >> not as bad as you. >> coming up, two very big interviews that you can only see right here on "squawk." former treasury secretary robert rubin. he's in the green room now. he's going to join us on the "squawk" set. we'll talk about the economy, big
that's really what the problem is in terms of the deficit. we have this debt that's still exploding, part of the policy uncertainty. the more we can -- >> i think my point also is, wouldn't we be seeing more signs that whatever the fed has done, may have been working better had washington not shot us all in the foot? >> i think it's -- i think it's the whole policy package to the. the fed has been very interventionist if you like. they're trying to do a good job, i think it's not...
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Feb 7, 2013
02/13
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CSPAN
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our deficit now is 1.5 trillion dollars. it's three times the amount. if we don't start cutting now and worrying about our country, we will not have a debate anymore, we will not have a country left. all these geniuses. let's start cutting fraud of all these illegals collecting all fair and food stamps in my state. let's start cutting that. there are many things we can cut. but nobody wants to do anything. we're going to go down with the ship. host: on twiter -- we already have read these. i apologize. if you would like to continue the conversation on sequestration, you can go to our facebook page. there is a lively conversation going on. that will continue throughout the day. a couple more articles before we get to some of our gas segments. obama chooses and environmentalists executive for the interior. there's a picture of president obama and sally jewell, nominated to be secretary of the interior. here's the front page of the state newspaper out of columbia, south carolina. it says that james cliburn would make a great transportation secretary. the b
our deficit now is 1.5 trillion dollars. it's three times the amount. if we don't start cutting now and worrying about our country, we will not have a debate anymore, we will not have a country left. all these geniuses. let's start cutting fraud of all these illegals collecting all fair and food stamps in my state. let's start cutting that. there are many things we can cut. but nobody wants to do anything. we're going to go down with the ship. host: on twiter -- we already have read these. i...
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Feb 7, 2013
02/13
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WJLA
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the snowfall for this season remains at 1.5 inches and our deficit is 8.3 inches and we will not add to that any time soon. the clouds are rolling in the head of the main system and some moisture is trying to get going in parts of the ohio valley. there's a system down here that will hook up with this cold front end to make a big monster storm. these elements will all come together late tonight and we could see a wintry mix especially north and west of d.c. and it will change to rain on friday. it will dry up by friday evening with blustery conditions but sunshine for saturday. for today, cloudy skies, a 38-44 degrees and tonight, a wintry mix especially northwest 32-36. for more details, we go live to adam caskey. >> the weekend is looking good with bright sunshine but windy. also, let's think back to three years ago today -- we had over two feet of snow on the ground. snowmageddon moved through. boston and parts of new england will get hammered by this upcoming tcoastal storm. today will be mostly cloudy, 42 and gusty into saturday. the wins will pick up late friday. sunshine and 4
the snowfall for this season remains at 1.5 inches and our deficit is 8.3 inches and we will not add to that any time soon. the clouds are rolling in the head of the main system and some moisture is trying to get going in parts of the ohio valley. there's a system down here that will hook up with this cold front end to make a big monster storm. these elements will all come together late tonight and we could see a wintry mix especially north and west of d.c. and it will change to rain on friday....
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Feb 7, 2013
02/13
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MSNBC
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american people understand -- i believe the american people understand that, yes, we need to reduce the deficit, but it shouldn't just be on the backs of seniors. it shouldn't be just on the backs of young people who are trying to get a college education. it should not be on the backs of parents who are trying to give their kids a better start in life. that all of us have to participate and that, in fact, it's important for us to make sure we've got a strong national defense and that we reduce our spending in a smart way. those of us who are luckiest in the society to close a few loopholes and deductions that the average american doesn't get. if that's the choice that we've got, i promise you we can win that debate because we're on the right side of this argument. i hope -- i expect that you guys will be with me on that. last point i'll make, obviously economic growth is a priority. making sure that we're opening up opportunity for everybody is also important. that's why emgregs reform is so critical. i said this is going to be a top priority and an early priority of my administration. i am hea
american people understand -- i believe the american people understand that, yes, we need to reduce the deficit, but it shouldn't just be on the backs of seniors. it shouldn't be just on the backs of young people who are trying to get a college education. it should not be on the backs of parents who are trying to give their kids a better start in life. that all of us have to participate and that, in fact, it's important for us to make sure we've got a strong national defense and that we reduce...
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while he's faced deficits before and avoided layoffs and furloughs, he says it won't be that easy this year. >> there's just no way, not enough income coming into the county. >> when can we expect answers? >> last night on the southern end of the county, residents spoke out hoping the community's needs wouldn't end up on the chopping block. the most vocal is friends of of the library, friends worried about rumors of cuts in hours and staffing. >> our system is highly integrated. loss of one library would impact the whole system. >> reporter: he says the possibility of cuts in those areas are the most troubling. >> we're at a point where we're making tremendous progress, not just in the police department, but in our state's attorney's office and sheriff's department, corrections department. we don't want to go back. >> i wouldn't like to be in his position, but it's a fact of life. >> we do not want the county executive or county koujs 8 to do a slash an burn. >> the final will be happen this thursday. it starts at 7:00 p.m. the county executive is expected to submit his proposal to the
while he's faced deficits before and avoided layoffs and furloughs, he says it won't be that easy this year. >> there's just no way, not enough income coming into the county. >> when can we expect answers? >> last night on the southern end of the county, residents spoke out hoping the community's needs wouldn't end up on the chopping block. the most vocal is friends of of the library, friends worried about rumors of cuts in hours and staffing. >> our system is highly...
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about the death that comes from the growing deficit so taking a stab at that for the first time in a long time will be beneficial to the economy. connell: are we making progress yet or is there much, much more to do? it is not just economists on the left making this argument, listen, to an half trillion being cut, we are getting there. smell is not the time to get all ciccone in. what do you say of those people? >> in 2007 we were spending 19.7% of gdp in the federal government. it is now around 23 or so. we want to get it back to where it was, so it is not austerity, it is not ciccone and, it is going back to a sensible level of spending. dagen: is a real problem the federal reserve, zero interest rate policy, buying treasury debt and mortgage securities, said the reason congress gets to get away with what it has been doing? >> it makes a little bit easier with the low rates and zero rates, so it is counterproductive but i think the main thing is people have to understand we had a spending explosion quite frankly and we just have to address that before it gets worse and it is always
about the death that comes from the growing deficit so taking a stab at that for the first time in a long time will be beneficial to the economy. connell: are we making progress yet or is there much, much more to do? it is not just economists on the left making this argument, listen, to an half trillion being cut, we are getting there. smell is not the time to get all ciccone in. what do you say of those people? >> in 2007 we were spending 19.7% of gdp in the federal government. it is now...
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Feb 7, 2013
02/13
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FOXNEWSW
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the president refuses to lead, no one will talk details how to address our debt crisis and the deficit and debt crisis, everyone is entrenched in their positions and sitting back and saying, i think sequestration is going to happen. you know who is going to take the brunt of it. the across the board nature of the cuts are going to hurt our ability to train and maintain, vehicles, ships and airplanes and the things that provide the readiness for our military are going to take a dramatic cut and we'll have done nothing to reform the way we spend money and put our country on a sound physical track. >> of course, pete, as we talk about cutting back, our enemies are ramping up and you see north korea doing more testing and iran moving possibly closer to nuclear weapons. do our enemies overseas pay attention to our budget woes and our plans here at home? >> sure they do. they look at our capabilities. they look at our disposition. they perceive us differently when we're perceived to be drawing back and pulling away from the world and cutting our capability. so, what happens in washington is
the president refuses to lead, no one will talk details how to address our debt crisis and the deficit and debt crisis, everyone is entrenched in their positions and sitting back and saying, i think sequestration is going to happen. you know who is going to take the brunt of it. the across the board nature of the cuts are going to hurt our ability to train and maintain, vehicles, ships and airplanes and the things that provide the readiness for our military are going to take a dramatic cut and...
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this year we're already wrote way at a deficit. we should be at 14 inches so far. seven and half. all about to change. new york city in north toward boston. these of the two storms that will come together and form. right now there raise side, the moisture is all done here. "their is with that set up across parts of the northern at the perfect timing because the classic nor'easter across all the northeast. birth -- blizzard watches all across parts of connecticut, ryland to eastern end of rhode island. what the storm watches and warnings across interior sections. have to tell you, new york city is the big bull's-eye where we will see what it is. right on the line, so we cannot say exactly what will be. the biggest totals will be lent or there will certainly see over 2 feet in a few spots. ashley: move just a few miles only or the other. tracy: but there are people who are going to be happy about this bill. our stage manager in particular. skis or snowboards. we're great. they cute. ashley: securing the united states economic future. former world bank president says the u.s. nee
this year we're already wrote way at a deficit. we should be at 14 inches so far. seven and half. all about to change. new york city in north toward boston. these of the two storms that will come together and form. right now there raise side, the moisture is all done here. "their is with that set up across parts of the northern at the perfect timing because the classic nor'easter across all the northeast. birth -- blizzard watches all across parts of connecticut, ryland to eastern end of...
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Feb 7, 2013
02/13
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MSNBCW
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last five years, and the result has been the weakest recovery in 75 years and trillion-dollar annual deficits. the sequester will help the economy by leaving more capital for private investment. the sequester will surely require worker furloughs and cutbacks in certain nonpriority services. but most of those layoffs will happen in the washington, d.c., area. the recession-free region that has boomed during the obama era. >> wow. not a lot of republicans would agree with that because the sequester would hurt the pentagon. that's why they're talking about the d.c. area. >> can you raise my hand and say i'm one republican that would agree with that? we've got to cut defense spending. >> we have to. >> we've got to, and we've got to cut spending. >> willy-nilly, though. so the sequester is willy-nilly, isn't it? you wouldn't want to cut having the sequester do it? >> didn't congress make the sequester? >> that was a carrot and stick situation. the sequester is the stick. >> the problem is you can't get the president of the united states to put alternative cuts on the board. he'll talk in generali
last five years, and the result has been the weakest recovery in 75 years and trillion-dollar annual deficits. the sequester will help the economy by leaving more capital for private investment. the sequester will surely require worker furloughs and cutbacks in certain nonpriority services. but most of those layoffs will happen in the washington, d.c., area. the recession-free region that has boomed during the obama era. >> wow. not a lot of republicans would agree with that because the...